News Corp's Q1 Earnings Beat Expectations, Stock Surges
Update: 2025-11-10
Description
News Corporations stock surged by 6.5% following its first-quarter earnings report, which showed a 2% increase in revenue and a 10% growth in adjusted earnings per share, both exceeding expert predictions. Despite this, the stock has underperformed the market over the past year. Analysts expect a 9% increase in adjusted earnings per share for the full fiscal year 2026, with a consensus rating of Moderate Buy and an average price target of $39.10, indicating a potential 46% increase from current levels.
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